possible reserves

possible reserves

[′päs·ə·bəl ri′zərvz]
(petroleum engineering)
Primary petroleum reserves that may exist, but available data do not confirm their presence.
References in periodicals archive ?
Total possible reserves attributable to the acquisition acreage are estimated to be 4.
Eagle Ford reserves make up 75% of the Company's Proved, Probable, and Possible reserves with 88% of the Eagle Ford being oil and gas liquids.
Turkey's Directorate General of Mineral Research and Exploration (MTA) carried out a research on possible reserves of Turkey, and said 77 of 90 different types of minerals traded in the world were located in Turkey.
For the year ended December 31, 2008, the company's total proved reserves are 39,164 Mboe, total proved plus probable reserves are 66,226 Mboe, and total proved plus probable plus possible reserves of 102,761 Mboe.
184 ounces per ton will give the project a four-year life, with remaining possible reserves extending production to 10 years.
The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that meet the SEC's definitions of such terms.
Questar Corp (NYSE:STR), a US-based company that develops, produces, gathers, processes, transports, stores and distributes natural gas, has announced revised estimates of net probable and possible reserves and petroleum resource potential for affiliates Questar Exploration and Production Company (Questar E&P) and Wexpro Company (Wexpro).
Another 164,000 tons of possible reserves grading at .
Through Energen Resources Corporation, the company has approximately 750 million barrels of oil-equivalent proved, probable, and possible reserves.
International Resource News-19 May 2008-Gasco Energy Announces Probable and Possible Reserves Estimates(C)2008 ENPublishing - http://www.
Range has elected not to disclose the Company's probable and possible reserves in its filings with the SEC.
3 trillion cubic feet of proved, probable and possible reserves to WPX," Hill added.